Technical
Financial
Distress signals
Property profile

1338 Cermak Rd Chicago, IL 60608

OFF-MARKET
Industrial properties
Property ID
US28-5253440
9,600 SF 0.25 ac lot Built 1894
Entity Owned ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1894
Total area 9,600 SF
Lot 0.25 ac (10,770 SF)
APN 17-20-333-007
UPID US28-5253440

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Advertising Agency Marketing & Advertising

Location

1338 Cermak Rd Chicago, IL 60608-4411
Chicago metro Census 310600 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$925k
Comparable Approach Comparable
$533k
Blend (final) Blend
$385k

Owner & transaction history

since 2026
7 recorded transactions
2026
$3.8M
2024
Price N/A
2019
$585,000
2019
Price N/A
2018
$585,000
2017
Price N/A
2016
$495,000

Zoning & alternative use

Top alternative use upside
Office building $1.3M +69.6%
Auto repair, garage $1.2M +50.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1338 Cermak Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message